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PRESS RELEASE
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Mumbai, October 22, 2013: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading IT services, consulting and business solutions organization, announced, today, that it has been positioned as Leader across multiple verticals in Engineering and R&D Services by Zinnov Management Consulting (Zinnov) through its report “Global R&D Service Providers (GSPR) Rating 2013.”
Zinnov, a leading globalization and market expansion advisory firm, launched its Rating of Global R&D Service Providers’ across geographies. The study titled “Global R&D Service Providers (GSPR) Rating 2013,” is an annual study to assist business leaders spearheading global engineering initiatives make right decisions in partner selection across geographies. Zinnov Management Consulting has analyzed more than 30 service providers for this rating.
TCS’ Overall Leadership position on the “GSPR rating 2013” is a result of its overall score based on Zinnov’ relative assessment across multiple dimensions including human capital, product development capabilities, scale, ecosystem linkages, infrastructure & innovation / IP creation, non-linear strategy, lab infrastructure and customer relationships. In addition to the overall rating, TCS has also been positioned in the leadership position across the following verticals:
Commenting on the study, Sundararaman Viswanathan, Manager, Consulting, Zinnov, notes that “TCS has the most expansive service offering across all the verticals. TCS has had a strong tradition of building deep expertise in the areas where it chooses to invest; keeping with that we see that TCS has built a strong capability across Mechanical, Embedded and Software services, invested in unparalleled lab infrastructure and Centers of Excellence. TCS is one of the few engineering service providers who can deliver on end-to-end product development engagements.”
Regu Ayyaswamy, Vice President & Global Head, Engineering & Industrial Services, TCS, said,“We are delighted to be in the leadership position overall and across verticals. This positioning in Zinnov report reiterates TCS’ long term focus, its strong investments in Innovation Labs and its application of next gen technologies across the Engineering and R&D Services.”
About Tata Consultancy Services Ltd. (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model™,recognized as the benchmark of excellence in software development. A part of the Tata group, India’s largest industrial conglomerate, TCS has over 290,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $11.6 billion for year ended March 31, 2013 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.
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